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GLW Set to Report Q1 Results: Will Top-Line Growth Boost Earnings?
GLWCorning(GLW) ZACKS·2025-04-23 16:05

Core Viewpoint - Corning Incorporated is expected to report first-quarter 2025 results on April 29, with anticipated revenue growth driven by strong demand and product innovation [1] Group 1: Product Innovations and Collaborations - Samsung Electronics has chosen Corning's Gorilla Armor 2 for its Galaxy S25 Ultra devices, highlighting the ongoing collaboration and commitment to innovation between the two companies [2] - Corning launched GlassWorks AI solutions to support fiber densification in AI-native data centers, allowing for increased data center capacity without significant infrastructure changes [3] - The introduction of Corning Gorilla Glass Ceramic enhances mobile device safety, showing improved drop performance compared to competitors, which is expected to generate additional revenue [4] Group 2: Revenue Estimates and Growth Drivers - The Optical Communication segment's revenue estimate is 1.21billion,upfrom1.21 billion, up from 930 million year-over-year, driven by the adoption of innovative optical connectivity products for generative AI applications [5] - The Display Technologies segment is estimated to generate 942.2million,reflectingan8.1942.2 million, reflecting an 8.1% year-over-year growth, while the Specialty Materials segment is projected at 492.2 million, up 8.4% year-over-year [6] - Overall, the total revenue estimate for the March quarter is 3.45billion,anincreasefrom3.45 billion, an increase from 3.26 billion in the prior-year quarter, with adjusted earnings per share expected to rise to 50 cents from 38 cents [6]